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News
Ned Nwoko Seeks Retraction of Publication by Premium Times, Demand 10 Billion Naira Compensation
Billionaire international lawyer, politician and a philanthropist, Hon. Ned Nwoko has demanded a retraction of a story written against him by an online media, Premium Times that he is a land grabber and demanded a payment of N10 Billion as compensation by the media house. This was contained in a[Read More…]
9ijakids Partners IT firms, Holds Virtual STEAM Fest on Children’s Day
In celebrating 2021 Children’s Day, an Edtech company specialised in fun learning content and games development, 9ijakids has concluded to host a virtual STEAM Fest for children to make the occasion a memorable one. 9ijakids will be partnering with STEM-METS and EduFun Technik to host the two – hour event[Read More…]
FIRSTBANK HOSTS WEBINAR TO SENSITISE INDIVIDUALS AND BUSINESSES ON STAYING PROTECTED IN THE INFORMATION AGE
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has announced a webinar to sensitise individuals and businesses with useful information on being protected in today’s digital age. The virtual event is scheduled to hold by noon on Friday, 16 April 2021 with “Staying Protected Amidst the Pandemic[Read More…]
*EXPOSED: How BUA Shortchanges FG Billions In Sugar Imports*
One of the three investors in Nigeria’s Backward Integration Plan on sugar, BUA Sugar Refinery has allegedly been shortchanging the Federal Government to the tune of billions of naira, which the company enjoys as concessions on import duty and levy for raw imported sugar, by not producing an ounce of[Read More…]
FG Orders GoTv, Startimes to migrate to FreeTV platform
The Federal Government of Nigeria said it has directed two PayTv platforms – GoTv and Startimes – to migrate their signals from self-carrying to any of the two licensed FreeTv signal distributors. The Minister of Information and Culture, Alhaji Lai Mohammed, who disclosed this on Thursday in Abuja, said the[Read More…]
NDLEA intercepts over N2bn worth of illicit drugs at Lagos airport
Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted illicit drugs worth over N2billion at the Murtala Mohammed International Airport, MMIA, Ikeja, Lagos and three suspected traffickers arrested. One of the suspects, Aniede Chimezie Bright was arrested on Sunday 28th March 2021, during the outward clearance of passengers[Read More…]
Digital Economy: the reality before Nigeria
Globally, digtal economy is developing rapidly. In fact, It is the single most important driver of innovation, competitiveness and growth, and it holds huge potential for entrepreneurs and small and medium-sized enterprises (SMEs). New digital trends such as cloud computing, mobile web services, smart grids, and social media, are radically[Read More…]
Nigeria’s unemployment rate at 33%: A growing monster
For the past decades, the rate of unemployment in Nigeria has continued to generate debate among Nigerians locally and internationally. Most people in the country’s labor force are either unemployed or underemployed. This stat was one of the key highlights of latest unemployment rate released by Nigeria’s Bureau of Statistics.[Read More…]
“We can’t continue subsidy’ — NNPC GMD says petrol may sell for N234 per litre
Mele Kyari, general managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the company cannot continue to bear the subsidy burden Petroleum Products Pricing Regulatory Agency (PPPRA) had released a template increasing petrol price to N212 per litre — but the template was later deleted. Speaking during a[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]